Teladoc Expands Virtual Care Capabilities in Texas
May 19 2017 - 11:03AM
Teladoc, Inc. (NYSE:TDOC), the undisputed leader in telehealth,
announces today that as a result of the new landmark telemedicine
bill in Texas, the company will expand its telehealth offering in
the state, re-activating its industry-leading video capabilities.
Senate Bill 1107 will soon be signed into law, establishing Texas
as a national leader in telemedicine and thus marking the close of
Teladoc’s six-year legal dispute in the state regarding the proper
scope and use of telemedicine.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/25a8859d-bf72-4dab-9b73-82649f7ba184
“Teladoc undertook the responsibility to preserve access to
telemedicine in Texas more than six years ago, and we are gratified
to have been the telehealth company invited to collaborate with the
Texas legislature and others in the state to accomplish this
laudable goal,” said Teladoc CEO Jason Gorevic. “Our commitment to
the state and its citizens has never wavered, and we now look
forward to reactivating our industry-leading video capabilities and
ending our legal dispute in the state of Texas.”
Under this new law a patient-physician relationship can be
established without an in-person visit, protecting all forms of
telemedicine. Teladoc has operated in the state continuously since
2005; more than 3 million Texans have access to Teladoc, and the
company’s more than 2,500 Texas clients include Michaels,
Rent-A-Center, and BNSF Railway. In addition to preserving the
right to telemedicine, the bill also puts in place a regulatory
environment that paves the way to further transform the healthcare
experience with future innovation.
Texans stand to benefit considerably from the pending law as
Texas faces some of the largest healthcare access barriers in the
country, with issues including proximity to doctors’ offices, long
wait times and a shortage of doctors and basic medical care
resources. Thirty-five counties in Texas have no family physician
and Texas ranks 46th among the 50 states in terms of primary care
physicians per capita, with only 71.4 PCPs per 100,000
residents. Telemedicine has been an effective tool to help
the state begin to overcome these challenges.
“The statistics tell the story – there is a dire need for
improved access to care in this country, along with incredible
cost-of-care pressures,” said Gorevic. “Nowhere has telemedicine
been more thoroughly examined and debated by all stakeholders than
in Texas. With the proven benefits that telemedicine has
already demonstrated, and the rapidly expanding impact of virtual
care, this telemedicine legislation should not only serve as the
bellwether for all other states, but should be another indication
for the federal government of the proven value of remote care
models, benefiting patients across the country and the U.S.
healthcare system as a whole. We commend the legislature for
recognizing the value of telehealth and acting in favor of progress
for Texans.”
For more information on Teladoc’s leading telemedicine and
virtual care offerings, visit www.Teladoc.com.
About TeladocTeladoc, Inc. (NYSE:TDOC) is the
nation’s leading provider of telehealth services and a pioneering
force in bringing the virtual care visit into the mainstream of
today’s health care ecosystem. Serving some 7,500 clients —
including health plans, health systems, employers and other
organizations — more than 20 million members can use phone, mobile
devices and secure online video to connect within minutes to
Teladoc’s network of more than 3,100 board-certified,
state-licensed physicians and behavioral health specialists, 24/7.
With national coverage, and it’s robust, scalable platform, Teladoc
offers the industry’s most comprehensive and complete telehealth
solution including primary care, behavioral health care,
dermatology, tobacco cessation and more. For additional
information, please visit www.teladoc.com.
Contacts:
Courtney McLeod
Director of Public Relations
914-265-6789
cmcleod@teladoc.com
Jisoo Suh
Director of Investor Relations
914-265-6706
jsuh@teladoc.com
Maura Siefring
GCI Health for Teladoc
215-837-8450
maura.siefring@gcihealth.com
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